Of course, they don't rent for the same $ as a single family but can do pretty well.The downside is that many of the adult parks have high HOA/Lot lease fees and then also the depreciation of the manufactured over time comes into play.One we manage is on a no HOA larger lot in a great area that rents really well and for good money.

I was hoping for some general tax guidance (US taxes).  Of course I'll consult a professional, but I'd like to be sure that at such time I'm asking the right questions.  I seeking to understand how to (or what options...

We were both into the construction business our adult life and we were taking about being into real estate.  

You can use microfiber on kids beds as they don't care, but I would avoid them on the adult beds.

Without caulk, how long do you suppose it would take the toilet to move with kids or large adults plopping down onto the seat?

The house sat empty for two to three years until the adult children were ready to deal with it.The house was then flipped and the young couple who bought it have been there almost 20-years now ... they new the history of the house when they bought it.Depending on the size (population) of your area, you may need to carry the property a little while before it will sell {smaller the town/village, greater the chance the purchaser (if local) may have a connection with the victim}.

In today's environment, this is a huge edge in starting their adult lives.Secondly, our REIs will provide solid income into our retirement.Finally, it has enabled us to have the extra money to travel and enjoy life.

But, I am a little conservative in my thinking and actions.As for calling, there are a whole list of federal, state and in many cases even local laws covering that.But, as a lawyer friend of mine is fond of saying, "We are adults and we can do whatever we want.

I agree that it is not easy, and that young adults need to focus on fundamentals first but I feel a lot of your post is excuses for why it can't be done instead of asking how it CAN be done. 

Learning that one can't, because of circumstance, stand firm for actions we fight so vigorously to uphold is rather self conflicting.Thanks to everyone for being adults.